IOBT Stock Based Compensation vs Depreciation Analysis

IOBT Stock

USD 0.89 0.04 4.71%

IO Biotech financial indicator trend analysis is infinitely more than just investigating IO Biotech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IO Biotech is a good investment. Please check the relationship between IO Biotech Stock Based Compensation and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IO Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy IOBT Stock please use our How to Invest in IO Biotech guide.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IO Biotech Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have totally related.

The correlation between IO Biotech's Stock Based Compensation and Depreciation is 0.99. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of IO Biotech, assuming nothing else is changed. The correlation between historical values of IO Biotech's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of IO Biotech are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., IO Biotech's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of IO Biotech value has been used up. For tax purposes IO Biotech can deduct the cost of the tangible assets it purchases as business expenses. However, IO Biotech must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from IO Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IO Biotech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IO Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy IOBT Stock please use our How to Invest in IO Biotech guide.At this time, IO Biotech's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.68 in 2024, despite the fact that Enterprise Value is likely to grow to (80.3 M).

IO Biotech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets
Total Assets		-0.81	0.89	0.3	1.0	0.77	0.99	-0.42	-0.99	-0.79	0.97	1.0	0.72	0.68	0.77	1.0	0.64	0.47	-0.91	-0.99	0.97	0.96	-0.97	1.0	-0.42	1.0
Short Long Term Debt Total	-0.81		-0.89	0.12	-0.8	-0.92	-0.8	0.47	0.83	0.78	-0.79	-0.81	-0.73	-0.67	-0.53	-0.81	-0.54	-0.51	0.59	0.81	-0.77	-0.83	0.69	-0.78	0.47	-0.81
Other Current Liab	0.89	-0.89		0.32	0.88	0.97	0.9	-0.59	-0.89	-0.92	0.91	0.88	0.83	0.84	0.43	0.88	0.34	0.78	-0.79	-0.88	0.77	0.96	-0.82	0.87	-0.59	0.88
Total Current Liabilities	0.3	0.12	0.32		0.32	0.18	0.36	-0.32	-0.27	-0.41	0.42	0.3	0.39	0.45	-0.05	0.3	-0.35	0.57	-0.61	-0.32	0.15	0.43	-0.45	0.34	-0.32	0.3
Total Stockholder Equity	1.0	-0.8	0.88	0.32		0.76	1.0	-0.41	-0.99	-0.78	0.98	1.0	0.72	0.67	0.77	1.0	0.63	0.46	-0.91	-0.99	0.97	0.96	-0.97	1.0	-0.41	1.0
Other Liab	0.77	-0.92	0.97	0.18	0.76		0.79	-0.64	-0.79	-0.9	0.79	0.77	0.82	0.85	0.28	0.77	0.25	0.81	-0.65	-0.77	0.65	0.87	-0.67	0.74	-0.64	0.77
Net Tangible Assets	0.99	-0.8	0.9	0.36	1.0	0.79		-0.39	-0.98	-0.79	0.98	0.99	0.72	0.68	0.75	0.99	0.6	0.52	-0.91	-0.98	0.95	0.97	-0.96	0.99	-0.39	0.99
Current Deferred Revenue	-0.42	0.47	-0.59	-0.32	-0.41	-0.64	-0.39		0.52	0.81	-0.47	-0.42	-0.74	-0.92	0.18	-0.42	0.23	-0.72	0.56	0.49	-0.32	-0.51	0.45	-0.4	1.0	-0.42
Net Debt	-0.99	0.83	-0.89	-0.27	-0.99	-0.79	-0.98	0.52		0.83	-0.96	-0.99	-0.76	-0.74	-0.71	-0.99	-0.6	-0.5	0.91	1.0	-0.96	-0.95	0.96	-0.99	0.52	-0.99
Retained Earnings	-0.79	0.78	-0.92	-0.41	-0.78	-0.9	-0.79	0.81	0.83		-0.86	-0.78	-0.97	-0.94	-0.24	-0.78	-0.08	-0.81	0.83	0.83	-0.64	-0.9	0.79	-0.77	0.81	-0.78
Accounts Payable	0.97	-0.79	0.91	0.42	0.98	0.79	0.98	-0.47	-0.96	-0.86		0.97	0.83	0.73	0.67	0.97	0.48	0.56	-0.94	-0.98	0.89	0.99	-0.98	0.98	-0.47	0.97
Cash	1.0	-0.81	0.88	0.3	1.0	0.77	0.99	-0.42	-0.99	-0.78	0.97		0.71	0.68	0.77	1.0	0.63	0.47	-0.91	-0.99	0.97	0.96	-0.97	1.0	-0.42	1.0
Non Current Assets Total	0.72	-0.73	0.83	0.39	0.72	0.82	0.72	-0.74	-0.76	-0.97	0.83	0.71		0.85	0.22	0.71	0.02	0.7	-0.8	-0.77	0.56	0.85	-0.77	0.71	-0.74	0.71
Non Currrent Assets Other	0.68	-0.67	0.84	0.45	0.67	0.85	0.68	-0.92	-0.74	-0.94	0.73	0.68	0.85		0.06	0.68	-0.03	0.87	-0.75	-0.72	0.55	0.78	-0.68	0.67	-0.92	0.68
Other Assets	0.77	-0.53	0.43	-0.05	0.77	0.28	0.75	0.18	-0.71	-0.24	0.67	0.77	0.22	0.06		0.77	0.92	-0.18	-0.58	-0.73	0.86	0.59	-0.73	0.77	0.18	0.77
Cash And Short Term Investments	1.0	-0.81	0.88	0.3	1.0	0.77	0.99	-0.42	-0.99	-0.78	0.97	1.0	0.71	0.68	0.77		0.63	0.47	-0.91	-0.99	0.97	0.96	-0.97	1.0	-0.42	1.0
Net Receivables	0.64	-0.54	0.34	-0.35	0.63	0.25	0.6	0.23	-0.6	-0.08	0.48	0.63	0.02	-0.03	0.92	0.63		-0.27	-0.33	-0.58	0.78	0.42	-0.51	0.63	0.23	0.64
Common Stock Shares Outstanding	0.47	-0.51	0.78	0.57	0.46	0.81	0.52	-0.72	-0.5	-0.81	0.56	0.47	0.7	0.87	-0.18	0.47	-0.27		-0.54	-0.49	0.28	0.66	-0.45	0.46	-0.72	0.46
Non Current Liabilities Total	-0.91	0.59	-0.79	-0.61	-0.91	-0.65	-0.91	0.56	0.91	0.83	-0.94	-0.91	-0.8	-0.75	-0.58	-0.91	-0.33	-0.54		0.93	-0.83	-0.91	0.97	-0.92	0.56	-0.9
Inventory	-0.99	0.81	-0.88	-0.32	-0.99	-0.77	-0.98	0.49	1.0	0.83	-0.98	-0.99	-0.77	-0.72	-0.73	-0.99	-0.58	-0.49	0.93		-0.95	-0.96	0.98	-0.99	0.49	-0.99
Other Current Assets	0.97	-0.77	0.77	0.15	0.97	0.65	0.95	-0.32	-0.96	-0.64	0.89	0.97	0.56	0.55	0.86	0.97	0.78	0.28	-0.83	-0.95		0.85	-0.92	0.97	-0.32	0.97
Other Stockholder Equity	0.96	-0.83	0.96	0.43	0.96	0.87	0.97	-0.51	-0.95	-0.9	0.99	0.96	0.85	0.78	0.59	0.96	0.42	0.66	-0.91	-0.96	0.85		-0.94	0.95	-0.51	0.95
Total Liab	-0.97	0.69	-0.82	-0.45	-0.97	-0.67	-0.96	0.45	0.96	0.79	-0.98	-0.97	-0.77	-0.68	-0.73	-0.97	-0.51	-0.45	0.97	0.98	-0.92	-0.94		-0.98	0.45	-0.97
Net Invested Capital	1.0	-0.78	0.87	0.34	1.0	0.74	0.99	-0.4	-0.99	-0.77	0.98	1.0	0.71	0.67	0.77	1.0	0.63	0.46	-0.92	-0.99	0.97	0.95	-0.98		-0.4	1.0
Short Long Term Debt	-0.42	0.47	-0.59	-0.32	-0.41	-0.64	-0.39	1.0	0.52	0.81	-0.47	-0.42	-0.74	-0.92	0.18	-0.42	0.23	-0.72	0.56	0.49	-0.32	-0.51	0.45	-0.4		-0.42
Total Current Assets	1.0	-0.81	0.88	0.3	1.0	0.77	0.99	-0.42	-0.99	-0.78	0.97	1.0	0.71	0.68	0.77	1.0	0.64	0.46	-0.9	-0.99	0.97	0.95	-0.97	1.0	-0.42

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IOBT Stock Based Compensation vs Depreciation Analysis

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Depreciation

IO Biotech fundamental ratios Correlations

IO Biotech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for IOBT Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity

Total Current Assets	- 0.99	Inventory
Net Invested Capital	- 0.99	Inventory
Inventory	- 0.99	Cash And Short Term Investments
Inventory	- 0.99	Cash
Total Current Assets	- 0.99	Net Debt
Net Invested Capital	- 0.99	Net Debt